Marti Q2 net loss widens 35.7% YoY to USD 12.5 million; revenue more than doubled 140.7% YoY to USD 20 million

Reuters2026/08/19 10:54

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Marti posted Q2 revenue of USD 20 million, more than doubled from a year earlier, as gross margin rose 19.47 percentage points to 77%.
Net loss widened 35.7% to USD 12.5 million, driven by an USD 8.3 million one-time non-cash loss on debt extinguishment.
Non-GAAP adjusted EBITDA turned positive at USD 2.9 million, marking its first profitable quarter on that measure.
Trips climbed 73.2% to 18.8 million; unique platform consumers increased 76.4% to 2.4 million.
Guidance lifted to USD 85 million revenue and USD 7 million non-GAAP adjusted EBITDA; ride-hailing expanded to 30 cities, partnership signed with Tensor.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marti Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260819372889) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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